Salary Details (Annexure II) : Form 24Q-Q4
Last year, vide its Notification No. 36/2019 by the Income Tax Department had substantially modified the format of Part B of Form 16 (Salary TDS Certificate given to Employees) with… Read more »
Author Archives: TDSMAN
Extension of Nil or Lower TDS/TCS Certificate to 30th June 2020
CBDT vide Notification No. F.No.275/25/2020-IT(B) dated 31st March 2020 has provided relief to the applicants of certificates for lower or nil TDS / TCS, under section 195, 197, 206C of… Read more »
7th June – Due date for TDS & TCS payment for May
7th June, 2020 is the due date for TDS and TCS payments for the deductions made in May 2020. Make sure to do the needful on time to avoid interest…. Read more »
TDS Returns – March 2020 Quarter – Date Extended to 30th June, 2020
As per the gazetted notification issued by Govt. of India, all due dates, prescribed or notified under the Income Tax Act, which will falls during the period – 20th March 2020… Read more »
Salary TDS – Employee to inform Employer for concessional rate
Section 115BAC has been inserted in the Finance Act 2020 in the recent budget. This allows the option to Individuals & HUF to avail concessional rate of income tax with… Read more »
TDS Returns – Employee details to have breakup of earnings from current employer and previous employers during the Financial Year
From Financial Year 2013-14 (AY: 2014-15), while preparing the employee details to file TDS Returns (Form 24Q) in the 4th quarter (Jan-Mar), a provision has been made to separate out… Read more »